No.1 Healthcare & Pharma Industry Magazine for Middle East & Africa
JAPAN — Pharmacosmos, a pharmaceutical company based in Denmark, has announced the release of its intravenous treatment for iron deficiency anemia, Monofer (ferric derisomaltose), in Japan. The launch follows the…
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SAUDI ARABIA – Nahdi Medical Company, Saudi Arabia’s pharmaceutical retailer and healthcare company, reported SAR 888 million (US$236.40 million) in net profit for the fiscal year 2022. Nahdi reported a…
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SAUDI ARABIA – Saudi Arabia-based healthtech startup Aumet has closed a US$7 million pre-Series A funding round to scale AI-driven healthcare solutions. The round was led by AAIC, a Tokyo-based…
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USA — Cosmos Health Inc., a global healthcare group specializing in nutraceuticals and distributing pharmaceuticals, OTC medications, and medical devices, has signed a definitive agreement to acquire ZipDoctor Inc. from…
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USA — Pear Therapeutics has recently made an announcement stating that it is exploring strategic alternatives to maximize shareholder value. The company has hired a financial advisor to investigate options…
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UAE – The Mohammed bin Rashid University of Medicine and Health Sciences (MBRU) has officially received its second accreditation from the Saudi Commission for Health Specialties (SCFHS) in the Kingdom…
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USA — Pfizer has issued a recall for 4.2 million packages of Nurtec ODT, which is used to treat migraines in adults. The U.S. Consumer Product Safety Commission (CPSC) raised…
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USA— Enzo Biochem, Inc. has reached an agreement with Labcorp for the acquisition of Enzo Clinical Labs, the clinical laboratory division of Enzo Biochem. The sale is part of Enzo’s…
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SOUTH KOREA — Samsung Biologics, a CDMO, has announced that it will construct a fifth plant in response to growing market demand. The new facility, which is part of the…
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UAE – Gulf Medical University (GMU) in partnership with Thumbay University Hospital joined the global community in marking this year’s World Sleep Day in Ajman with calls on young people…
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